Ooni Koda
  1. Home
  2. /
  3. Newsfeed
  4. /
  5.  Softronic, first beneficiary of de minimis aid for...

 Softronic, first beneficiary of de minimis aid for increasing competitiveness of industrial products

January 5, 2023

  The Softronic company from Craiova, which produces locomotives, is the first beneficiary in Romania of the de minimis aid for increasing the competitiveness of industrial products, the financing contract being signed on Tuesday, at the company's headquarters, by its representatives and Minister of Economy Florin Spataru."It is the first financing contract for the state aid scheme for increasing competitiveness and I am glad that the first beneficiary of this scheme is a Romanian company with whom I discussed the possibility of development, because the transport sector is a strategic sector for Romania, and the production of locomotives and their maintenance in a company in Romania is an important goal for us. Through this state aid scheme, Softronic will be able to develop a very interesting project and I hope that in the very near future we will see locomotives with hydrogen-based propulsion, high-capacity electric locomotives to be used by Romanian companies in the Romanian railway system," said the minister of economy.According to him, the contract has a value of 200,000 EUR and represents a first stage for the development of the competitiveness of this company through innovation projects."This de minimis scheme has a value of 6 million EUR. I hope that the vast majority of companies that will apply will be companies with Romanian capital. They will be able to develop their laboratories, management systems, but also purchase products or equipment that could increase their competitiveness. That is why he said that it is important for Softronic to develop its ability to access very large projects such as schemes for the manufacturing industry with a minimum value of 3 million EUR. And if you have this hall and develop this production capacity with a green component that reduces energy consumption, practically Softronic could become an important player on the market of railway products," the minister of economy also stated.Florin Spataru said that the second call for state aid schemes for the manufacturing industry, worth 150 million EUR, will begin on February 1, now that the evaluation for the first stage has been done, in which there are 28 companies that have met the score maximum and for which the differentiation will have to be made.The representative of the Softronic company, Ionel Ghita, stated that this company with 100% Romanian capital exports locomotives to Sweden, Austria, Hungary and, more recently, Bulgaria. 

Read in full - click here
Cirque du Soleil to bring "Ovo" show to Cluj-Napoca in April 2026

The famous show "Ovo" ("egg" in Portuguese), created in 2009 by Cirque du Soleil, is scheduled for April 23–26, 2026, at BT Arena in Cluj-Napoca.  So far, the classic Cirque du Soleil show has delighted over 7 million spectators in 40 different countries. Despite its age, it has been reimaged, with a new set, acrobatic […]

Energy group Electrica to list largest green corporate bond issuance in Romania

The state-owned group Electrica is set to list the largest green corporate bond issuance in Romania, worth EUR 500 million, on the Luxembourg and Bucharest stock exchanges. According to the company's press release, the European Investment Bank is one of the key participants in the issuance. Overall investor demand at the final price exceeded the […]

Wizz Air expands in Bucharest with new routes, additional aircraft at Băneasa Airport

Low-cost airline Wizz Air announced a major expansion of its operations in Bucharest, adding a second aircraft to its base at Băneasa Airport starting this October. The airline will relocate nine routes from Otopeni to Băneasa, five of which will be operated exclusively from the secondary airport.  At the same time, six new routes will […]

Inflation in Romania reaches 5.7% in June, up from 5.45% the month before

The annual inflation rate in Romania rose to 5.7% in June, up from 5.45% in May, according to data published on Friday, July 11, by the National Institute of Statistics. It is the highest level this year. The consumer price index, compared to May, was 0.45%. The inflation rate from the beginning of the year, […]

Taxi driver fined, barred from Bucharest airport after refusing passenger pickup

A taxi driver who refused to pick up a passenger at Bucharest’s Henri Coandă International Airport on Thursday night, citing the rule that prohibits the second car in line from leaving the queue, was fined and had his professional license suspended, according to the Romanian Police. Local news channel Digi24...

Southern Romania: New bridge over Buzău River opens for traffic

Local authorities in Buzău County, in the south-east of Romania, announced the opening for traffic of the new bridge over the Buzău River on Friday, July 11. At over 1.3 km in length, it is the second-longest road bridge in the country and is part of the Lot 1 Buzău – Vadu Pașii of the […]